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Independent Oil and Gas
[$$] Market Turmoil May Present Opportunity (at Barron's Online)
Sat, 11 Oct 2008 10:05:00 Etc/GMT
Shares are wildly cheap. But some pros will wait until Nov. 5 to buy.
Chesapeake Energy shares tumble with energy prices (AP)
Sat, 11 Oct 2008 01:13:35 Etc/GMT
Shares of Chesapeake Energy Corp. lost more than a fifth of their value Friday as crude and energy prices dropped and most broader markets slid amid widespread concern about the state of the global economy.
Anadarko Petroleum shares plunge with crude prices (AP)
Sat, 11 Oct 2008 01:02:27 Etc/GMT
Shares of Anadarko Petroleum Corp. dropped Friday as crude oil prices touched fresh lows and the broader markets stumbled on concern about the global economy.
Chesapeake Energy CEO forced to sell company stock (AP)
Sat, 11 Oct 2008 00:14:25 Etc/GMT
Aubrey K. McClendon, the billionaire chief executive of Chesapeake Energy Corp., has sold "substantially all" of his stock in the company over the past three days in order to meet margin loan calls, the company said Friday.
XTO Energy Comments on Recent Events (PR Newswire)
Fri, 10 Oct 2008 23:36:00 Etc/GMT
XTO Energy Inc. announced today that during the past week Chairman and CEO Bob R. Simpson sold 2.8 million shares of XTO common stock.
[$$] Chesapeake CEO Sells Holdings (at The Wall Street Journal Online)
Fri, 10 Oct 2008 23:11:00 Etc/GMT
Keeping An Eye On UPS (at Forbes.com)
Fri, 10 Oct 2008 21:05:00 Etc/GMT
Chesapeake Energy Corporation Announces 2008 Investor and Analyst Meeting Major Topics (Business Wire)
Fri, 10 Oct 2008 20:57:00 Etc/GMT
OKLAHOMA CITY, Okla.----Chesapeake Energy Corporation today announced a listing of major topics that will be addressed at its 2008 Investor and Analyst Meeting that will be held in Oklahoma City, OK on October 15 and 16, 2008.
Chesapeake Energy Corporation Discloses CEO's Involuntary Sale of Common Stock (Business Wire)
Fri, 10 Oct 2008 20:56:00 Etc/GMT
OKLAHOMA CITY----Chesapeake Energy Corporation today disclosed that its Chief Executive Officer, Aubrey K. McClendon, involuntarily sold substantially all of his shares of Chesapeake common stock over the past three days in order to meet margin loan calls.
Range Reports Record Production (Business Wire)
Fri, 10 Oct 2008 18:53:00 Etc/GMT
FORT WORTH, Texas----RANGE RESOURCES CORPORATION today reported that third quarter 2008 production volumes rose to 387 Mmcfe per day, a 19% increase over the prior-year period. Range has now posted 23 consecutive quarters of sequential production growth.
Linn Energy sells Woodford Shale asset (at bizjournals.com)
Fri, 10 Oct 2008 16:55:05 Etc/GMT
FieldPoint Petroleum Corporation Announces Stock Buyback (Business Wire)
Fri, 10 Oct 2008 16:10:00 Etc/GMT
AUSTIN, Texas----FieldPoint Petroleum Corporation announced that on October 6, 2008, its Board of Directors authorized the Company to repurchase shares of its Common Stock at an aggregate cost not to exceed $150,000.
Linn Energy to sell Okla. land for $229 million (AP)
Fri, 10 Oct 2008 12:13:33 Etc/GMT
Linn Energy LLC said late Thursday it will sell part of its holdings in Oklahoma, including the Woodford Shale interval, for $229 million in cash.
Linn Energy's board approves $100M unit buyback (AP)
Fri, 10 Oct 2008 12:13:25 Etc/GMT
Linn Energy LLC said late Thursday its board has approved the buyback of up to $100 million of the company's outstanding units.
Good News, Thunderbolt #1 Well Approved, Hunt Rig #3 to Move Onto Bellevue #1 (Business Wire)
Fri, 10 Oct 2008 12:00:00 Etc/GMT
LEAWOOD, Kan.----Empire Energy Corporation International today announced that Spauldings, a local Tasmanian drilling contractor for its Australian subsidiary Great South Land Minerals, Ltd. who had already completed an 8.5in pilot hole to a depth of 870ft , established a 20in conductor at the top of the hole into solid dolerite rock at a depth of approximately 42ft and have now enlarged the hole to 17.5in .
Settlement proposed for Questar billing blunder (AP)
Fri, 10 Oct 2008 11:43:06 Etc/GMT
Questar Gas and more than 500 of its customers share the burden in a proposed settlement over a case of faulty equipment that led to under-billing.
Linn; Up to $100 mln buyback, $229 mln land-rights sale set (at MarketWatch)
Fri, 10 Oct 2008 08:16:25 Etc/GMT
Linn Energy Announces Authorization of Unit Repurchase Program (GlobeNewswire)
Fri, 10 Oct 2008 03:52:31 Etc/GMT
HOUSTON, Oct. 9, 2008 -- Linn Energy, LLC announced today that its Board of Directors has authorized the repurchase of up to $100 million of the Company's outstanding units. The Company may purchase units from time to time on the open market or in negotiated purchases.
Linn Energy to Sell Woodford Shale Acreage in Central Oklahoma for $229 Million (GlobeNewswire)
Fri, 10 Oct 2008 03:48:18 Etc/GMT
HOUSTON, Oct. 9, 2008 -- Linn Energy, LLC announced today that it has entered into a purchase and sale agreement to sell its deep rights in certain central Oklahoma acreage, which includes the Woodford Shale interval, for cash consideration of $229 million, subject to closing adjustments.
[$$] Credit Crunch and Sinking Prices Threaten Chesapeake Energy's Growth (at The Wall Street Journal Online)
Fri, 10 Oct 2008 03:34:00 Etc/GMT
 
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